Calculating Product Moment Correlation Coefficient Using Hand Calculations

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=YYfUrkIlnOM

https://engineers.academy/product-cat... • Learn how to calculate the Product Moment Correlation Coefficient (PMCC, also know as the Pearson Correlation Coefficient) for two sets of related data. • PMCC gives an indication of how closely correlated two sets of data are. For example, a PMCC between 0.5 and 1 indicates a strong positive correlation (as one parameter increases, the related parameter also increases), whereas a PMCC between -0.3 and -0.5 indicates a moderate negative correlation. • This video explains this in greater detail and well as demonstrating how to determine the value of PMCC. • To learn more about our General Engineering HNC please visit: https://engineers.academy/product/lev...

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